Ryan Rinaldo on Nostr: Decentralization is vital in a fallen world, even if you have the truth. This is true ...

Decentralization is vital in a fallen world, even if you have the truth. This is true for information, money, power etc. When centralization takes place corruption and deception can flourish. Take the Bible for example, a centralized entity (Catholic Church), sought to control the Bible and keep it from the common person by prohibiting it being printed into the common language. But thanks to the work of men like William Tyndall who gave his life to translating it into the common language and then used the newest technology (the printing press), he was able to decentralize the Bible into the hands of every common man. Because the information of the Bible is now decentralized, every man is able to read for himself who God actually is and no one or government can prevent that.

Similarly, Money has been centralized (through central bankers and governments) and used as a tool to control and burden man through debt and inflation. Due to the centralization of money, these bankers and governments can continuously create more units of money, thereby devaluing all the existing units in the system. This is a secret theft (or taxation) through inflation, and they don’t want you to know about how this works.
Those who control the money can now gain more power over others because they create new money for themselves while making everyone else in the system poorer. @PrestonPysh gives a wonderful example of sitting at a monopoly game where only one player sitting at the table has access to a printer where he can create new money. This allows him to offer any amount for any property he wants to buy, thereby pricing out everyone else at the table who was playing by the rules at the beginning with a set amount of currency.

Those who control the money have been able to promote and wage war effortlessly because they do not have to “tax” you through your paychecks to fund the wars, all they have to do is create new money and pay for those wars, yet it’s on the backs of every citizen through inflation (the hidden tax).

They are able to buy up votes, judges, politicians, researchers, scientists etc because they create new money that they can offer as grants, political donations, bribes etc. And this all costs them nothing because they just created it and the average person suffers for it because now milk is more, homes are more etc. The entities like the IMF, BIS etc. are used to accomplish these things and bankrupting countries through crazy debt and inflation.

Money is completely centralized right now and billions of people are suffering the consequences. Until the control of money is taken out of the hands of centralized entities, such as governments and central bankers, the world will continue to see a consolidation of power, and wicked men misuse power.

I believe the answer to this problem of centralized money is #Bitcoin. It is the truly decentralized ledger protocol (Capital “B”) on which the fixed units of money (small “b”) resides on. No one person, government or entity controls this protocol because it is a fixed code built into the system. And the proof of work system and incentives makes it nearly impossible to change the code. And as all global currencies are inflating away against real assets, you will see value find it’s way into #bitcoin because there is no printer and they can’t control it.
Those centralized entities in power will fight it but it’s a losing battle for them. Decentralization wins here. Don’t waste time.

I recommend you read “Inventing Bitcoin” by Yan Pritzker @InventingBTC @skwp

Also “The Bitcoin Standard” by @saifedean @StandardBitcoin